Bitbuy has been announced as one of the winners of Deloitte’s Technology Fast 50(TM) program for 2022

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TORONTO, ON, November 16, 2022 (Newsfile Corp via COMTEX) — TORONTO, ON–(Newsfile Corp. – November 16, 2022) – WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) (WKN: A3C166 ) (FTX: WNDR) (the “Company” or “WonderFi”) subsidiary Bitbuy Technologies Inc. (“Bitbuy”) received recognition for its rapid revenue growth, entrepreneurial spirit and bold spirit as part of the 2022 Deloitte Technology Fast 50™ Awards program Innovation. Celebrating its 25th anniversary, the program recognizes Canada’s 50 fastest growing technology companies based on the highest percentage revenue growth over the past four years. Bitbuy in 6th placeth with a 4,581% Percent revenue growth from 2018 to 2021.

Deloitte’s Technology Fast 50 winners are public and private companies in the technology sector that are transforming the industry. The program runs alongside the broader Deloitte North American Technology Fast 500™, with winners automatically qualifying for this elite ranking.

WonderFi President and interim CEO Dean Skurka credits Bitbuy with the continued growth and interest within the digital asset industry 4,581% percent sales growth. The Bank of Canada recently released a report noting that 13% of Canadians owned bitcoin in 2021, up from just 5% in 2020. Skurka states, “Bitbuy remains committed to being the first port of call for investors in digital assets being in Canada, and with the addition of new wealth-generating products like staking, we remain well positioned to attract new investors interested in our sector.”

“It is inspiring how this year’s exceptional cohort of Technology Fast 50 winners have delivered outstanding revenue growth even in the face of prevailing economic and market uncertainties,” commented Anders McKenzie, Partner and National Lead of the Technology Fast 50 program at Deloitte Canada.

“Driven by exemplary innovation, creativity, resilience, adaptability and superior corporate governance, these companies are paving the way as catalysts in their respective sectors, delivering growth and value to Canada’s economy both domestically and internationally.”

To qualify for the Deloitte Technology Fast 50 ranking, companies must have been in business for at least four years, have at least $5 million in revenue, be headquartered in Canada, have proprietary technology, research and development activities in Canada conduct and invest a minimum of five percent of gross sales in R&D.

additional information

General Counsel and Chief Legal Officer:
Adam Garetson
[email protected]

Media contact:
Binu Koshy, Communications Director
[email protected]

Investor Relations contact:
[email protected]

About the Deloitte Technology Fast 50™ program

The Deloitte Technology Fast 50 program is Canada’s preeminent technology awards program.

The program celebrates its 25th anniversary and recognizes business growth, innovation and entrepreneurship in four distinct categories: Technology Fast 50 Ranking, Enterprise Fast 15, Clean Technology and Companies-to-Watch. The program also recognizes companies in the North American Technology Fast 500 ranking and identifies thriving technology companies in the United States and Canada. Sponsors of the 2022 program include Deloitte, RBCx, Osler, EDC, CBRE, Vector Institute, Council of Canadian Innovators (CCI), Clarity Recruitment, Lafond and TMX. For more information, visit www.fast50.ca.

About WonderFi

WonderFi is a leading technology company on a mission to create better, unified access to digital assets across centralized and decentralized platforms. WonderFi’s leadership team and board of directors have an established track record of success in the finance and crypto space. WonderFi’s core team of engineers and technologists believe that everyone should have equal access to finance and is on a mission to help people around the world access finance in a simple, smart and secure way. Visit www.wonder.fi for more information.

Forward-Looking Information and Statements

This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities laws and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and Forward-looking statements are not representative of historical facts or information or the current state, but instead merely represent the Company’s beliefs regarding future events, plans or objectives, many of which are inherently uncertain and beyond the Company’s control. Generally, such forward-looking information or forward-looking statements are identified by the use of forward-looking terminology such as “may,” “intend,” “expect,” “believe,” “will,” “projected,” “estimated,” or variations of such words.

By designating such information and statements in this manner, the Company cautions the reader that such information and statements involve known and unknown risks, uncertainties and other factors that may affect the Company’s actual results, level of activity, performance or achievements may differ materially from those expressed or implied in such information and statements. In addition, the Company has made certain assumptions in connection with the forward-looking information and forward-looking statements contained in this press release. Key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements include the following: the Company’s ability to successfully launch its staking product within the anticipated time frame, the company’s ability to work effectively with its partners; and changes in the economic, business and political environment. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may differ materially from those described herein. For a more detailed description of the risk factors that may affect our business, financial condition and results of operations, please see our Management’s Discussion and Analysis and Financial Statements for the period ended June 30, 2022 and our Annual Information Form. available on SEDAR.

Although the Company believes that the assumptions and factors used in the preparation of the forward-looking information and statements, and the expectations contained therein, are reasonable, undue reliance should not be placed on such information and statements and no representations or Such forward-looking information and statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update the forward-looking information and/or forward-looking statements contained herein or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by this release.

The Toronto Stock Exchange has neither approved nor disapproved the information contained in this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/144522

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